Mitchell, SD Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Mitchell, SD. Based on 10+ datapoints.
Mitchell, SD Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
4.9%
Avg Cash on Cash
-6.6%
Median Cashflow
-$408/mo
Avg Rent Estimate
$2,296/mo
Avg Price
$285,567
Price Range
$175K – $400K
approximate
Rent to Price
0.8%
okay ratio
Positive Cashflow
20%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Mitchell, SD
Mitchell, SD is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 10+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -6.6%.
Across 10+ analyzed properties, Mitchell, SD mid-term rental investments show a median monthly cashflow of -$408 with average furnished rent estimates of $2,296/month. These figures reflect real property data, not projections.
1517 Torrey Pines Ave, Mitchell, SD 57301
Price
$629,000
Rent
$3,460
CachFlow
-$1,520
CoC
-12.15
Mitchell, SD Mid-Term Rental Market Insights
- Median cashflow is -$408/month — careful deal selection is essential here
- 4.9% median cap rate is typical of appreciation-focused markets
- At 20% positive cashflow rate, Mitchell, SD requires selective property picks
- Moderately priced market with properties priced about $175,000 to $400,000
- Early-stage market data — revisit as more properties are analyzed for stronger signals